Revlon announces GC change as bankruptcy-era legal chief steps down

David Schwartz will replace Andrew Kidd, who helped steer Revlon through its recent Chapter 11 proceedings

David Schwartz Photo courtesy of Revlon

US beauty and cosmetics-maker Revlon Group Holdings has hired David Schwartz as general counsel, replacing Andrew Kidd who is leaving the company later this month.

Schwartz was previously GC at Saks Fifth Avenue owner Hudson’s Bay Company, which he left in June last year after almost seven years with the retail group. At Hudson’s he led various legal matters, including managing joint ventures, licensing deals and M&A transactions. 

He will have a similar remit at Revlon when he officially joins on 12 February. The New York-based company sells products such as lipstick, perfumes and skin care creams under brand names including Revlon, Elizabeth Arden, Juicy Couture, Elizabeth Taylor and Britney Spears.

Liz Smith, Revlon’s CEO, said: “[Schwartz] will be a valuable addition to our executive leadership ranks as we take decisive steps to execute our business transformation and continue to drive Revlon’s next phase of growth. David’s expertise across corporate law, intellectual property, compliance, litigation, real estate and M&A, as well as his global background, make him ideally suited to lead our legal group.”

Prior to joining Hudson’s Bay, Schwartz was at toy retailer Toys “R” Us where he spent almost 16 years, more than a decade of them as GC. He was previously a corporate partner at Anderson Kill & Olick.

Kidd, meantime, leaves Revlon after a brief but critical spell at the company, having joined in 2022 after it filed for bankruptcy in June of that year as pandemic-related disruptions and a $3.5bn debt pile had left it facing an unmanageable cash squeeze. It emerged from bankruptcy in May last year.

Smith, who took over as CEO as the company exited bankruptcy, said: “I would also like to wholeheartedly thank Andrew for his service as an integral member of our leadership team. His deep restructuring expertise was essential as we worked through the bankruptcy process and closed that chapter of Revlon’s history.”

Before his time at Revlon, Kidd was GC at Samson Investment Company, including a period as CEO. Prior to that he was GC at Anthem Energy and Quantum Utility Generation. He also had an in-house spell at Constellation Energy Group, among others, having started his career in private practice at DLA Piper. In a statement, the company said Kidd is returning to his home in Texas.

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